Financial OneConnect (OCFT, Financial) experienced a significant stock drop of 8.20%, with shares trading at $2.35. The trading volume reached 13,817 shares, with a turnover rate of 0.04% and a price fluctuation of 6.25%. Recent financial reports indicate a revenue of $58.19 million, a net loss of $4.12 million, and an earnings per share of -$0.11. The gross profit stood at $19.05 million, with a P/E ratio of 19.49. All participating analysts recommend buying the stock.
In the software services sector, where Financial OneConnect operates, the overall increase was 0.60%. The company provides cloud-based technology solutions for financial institutions in China, covering a wide range of financial services and technology infrastructure.
